Wolfe Island couple await decision

1297434779132_ORIGINALThe Kingston Whig
KINGSTON – A Wolfe Island couple fighting to have the negative economic effects of wind turbines factored into their house assessment will have to wait several more weeks for a final ruling on their appeal. Ed and Gail Kenney claim important information about other property assessments on the island that resulted in reductions were not available at their original hearing.

In 2012, a Municipal Property Assessment Corporation tribunal upheld the increase on their property value, which rose from $200,000 to $357,000 between 2008 and 2010. The Kenneys’ appeal is based on information showing that between 2008 and 2012, a total of 78 properties on Wolfe and Simcoe islands had their assessments dramatically reduced. That, they say, resulted in $3 million in lowered assessments that should have been factored into their case.

“Those are the properties within 2,000 metres of the wind turbines. They are similar to our property,” said Gail Kenney, following Wednesday’s three-and-a-half-hour hearing in the council chambers at Kingston City Hall. Wind turbines were not listed as a reason for lowering the assessment in any of the 78 cases. “If you present to MPAC wind turbines, MPAC won’t listen,” she said. Read article

2 thoughts on “Wolfe Island couple await decision

  1. The Wolfe Island properties with turbines on them have now become business properties and their sale price would include at least some of the future earnings from this business. These property values will not dimished as long as there is an income stream there and with the additional income the property taxes should be increased on them. As the turbines become older and near the end of their income stream then the property values will begin to decline.
    The residential properties values affected by the turbines will diminish and tax revenues from these properties will decline. Undesirable property declines in value no matter where it is located and will not yield increased tax revenues.There is little demand for undesirable property.
    The problem with Ontarians is that they have by and large never had to deal with undesirable property values and what declining tax revenues can do to a town or a region.

    • Any property that has a guaranteed income stream from IWTs for 20 years can at least hold its value if not increase in value. But surrounding properties that become blighted as a result of this will decrease in value.

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